Accounting Profession News
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ICAP penalises five firms
KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) has penalised five chartered accountant firms for not auditing the accounts…
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Deloitte accused of tax evasion
Russia has accused Deloitte and Touche, the international accounting and consulting giant, of tax evasion and has opened a criminal…
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Accountants biggest readers: Survey
Accountants are not known for their social skills so is it hardly surprising that accountants spend more time reading than…
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Malaysia to introduce new Islamic accounting standards next year
The Malaysian Accounting Standards Board (MASB) will introduce new Islamic accounting standards on Ijarah (leasing) in the first quarter of…
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KPMG denies funding US presidential candidates
Amid reports that Dutch companies are among the largest foreign financial backers of candidates seeking the US presidency, KPMG Netherlands…
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Hong Kong accountants demand greater transparency
An overwhelming majority of accountants believe that much greater transparency in financial reporting is required from Hong Kong's listed companies.…
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Parmalat's Auditors Opt to Not Meet Prosecutors
With Italian prosecutors heading for criminal charges in the Parmalat case within days, Deloitte & Touche said that two partners…
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Ernst & Young launches its Regional Hospitality, Tourism and Leisure Advisory Services from Dubai
Ernst & Young, the Middle East's largest assurance and business advisory firm, has launched their Middle East Hospitality and Leisure…
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Ernst & Young to be back in Iraq within a few days
Top Middle East accountancy practice Ernst & Young is pushing ahead with its efforts to move back into Iraq and…
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Sindh High Court suspends SECP directive on change of auditor
KARACHI (February 26 2004): The Sindh High Court has suspended, till the next date of hearing, the operation of the…
